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Moniepoint Backs 2025 NextGen Connect Interschool Oratory Competition

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Moniepoint NextGen Connect Interschool Oratory Competition

By Modupe Gbadeyanka

Notable financial institution, Moniepoint Incorporated, reaffirmed its commitment to nurturing Africa’s future leaders by supporting the 5th edition of the NextGen Connect Interschool Oratory Competition in Asaba, Delta State.

The competition, which was held commemoratively to celebrate this year’s International Day of the Boy Child, brought together SS2 students from across Delta State to address the critical theme The Role of Financial Inclusion and Technology in Shaping a Brighter Future for Young People in Africa.

The contest, organised by Mega Impact Foundation, was supported by Moniepoint to showcase its unwavering commitment to youth empowerment and human capital development across the African continent.

It also received additional support from the Ministry of Women Affairs and Social Development, Delta State, highlighting the collaborative approach required to nurture young talent effectively.

Through its support of the NextGen Connect Conference and Tech-In-School conversations, Moniepoint is fostering an environment where youth can develop critical thinking skills, build confidence, and engage with pressing societal issues.

“At Moniepoint, we believe that driving sustainable innovation begins with future-proofing and expanding the talent pool by empowering the next generation with the tools that they need to succeed especially basic literacy skills which remain fundamental pillars in socio-economic development.

“These young voices represent the future of African leadership, and their insights into financial inclusion and technology demonstrate the remarkable potential that exists within our communities.

“Through our various educational and developmental initiatives such as the CAD/CAM lab we donated to OAU last year or the Moniepoint DreamDevs programme, we are betting big on an investment in Africa’s future,” the chief executive of Moniepoint, Mr Tosin Eniolorunda, said.

On her part, the founder of Mega Impact Foundation, Ms Florence Ogonegbu, said, “We reaffirm our commitment to building an Africa where every young person has simplified access to sustainable education, capacity building, and empowerment.

“By leveraging technology and local initiatives, we are creating platforms that enable our youth to thrive and transform their communities.

“Together with partners like Moniepoint, we are not just shaping futures—we are driving a movement for social development that will resonate globally. Every boy, every young person, deserves the opportunity to unlock their full potential and drive lasting impact across our continent.”

Business Post reports that the oratory competition in Delta State showcased exceptional talent among Nigeria’s youth, with Otovo Praise of Crystalloid International School emerging as the champion.

His outstanding performance earned him a full-year scholarship through the Tosin Eniolorunda STEM Foundation, reflecting Moniepoint’s philosophy of investing in educational excellence.

Second-place winner Audi Innocent of St Patrick’s College received N300,000, while third-place winner, Asher David of Glorious Kids Academy was awarded N200,000.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

Education

We Didn’t Abandon Nigerian Scholarship Students in Morocco—FG

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Nigerian students morocco

By Adedapo Adesanya

The federal government has dismissed rumours suggesting Nigerian scholarship students in Morocco have been abandoned, describing the reports as misleading and “deliberately crafted to misinform the public.”

Recently, a video went viral on social media showing that the students studying in Morocco under the federal government scholarship scheme were facing hardships, including homelessness and a lack of medical support.

However, in a statement signed by the Director of Press and Public Relations of the Federal Ministry of Education, Mr Boriowo Folasade, the Minister of Education, Mr Tunji Alausa, clarified that no Nigerian student on a valid federal government scholarship has been abandoned.

“The Honourable Minister of Education, Dr Maruf Tunji Alausa, has clarified that no Nigerian student on a valid Federal Government scholarship has been abandoned. All beneficiaries duly enrolled under the Bilateral Education Scholarship (BES) Programme prior to 2024 have received payments up to the 2024 budget year, in line with the Federal Government’s obligations.

“Any temporary delays in outstanding payments are attributable to fiscal constraints and are currently being addressed through ongoing engagements between the Federal Ministry of Education and the Ministry of Finance,” Mr Alausa stated.

“The Minister further stated that no new bilateral scholarship awards were made in October 2025 or at any time thereafter. Documents being circulated to suggest otherwise are fake, unauthenticated, and constitute a calculated attempt to mislead the public and discredit government policy.

“Dr Alausa explained that the decision to discontinue government-funded bilateral scholarships abroad followed a comprehensive policy review, which established that Nigeria now possesses sufficient capacity within its universities, polytechnics, and colleges of education to deliver the affected programmes locally.

“Consequently, only scholarships that are fully funded by foreign governments are now being supported, with all financial obligations borne entirely by the host countries.

“Notwithstanding this policy shift, the Federal Government remains fully committed to students already enrolled under the previous arrangements and will continue to support them until the completion of their programmes.

“In addition, students who may prefer to discontinue their studies abroad may formally write to the Director, Department of Scholarship Awards. Such students are being offered the option of returning to Nigeria, where they will be seamlessly reintegrated into appropriate tertiary institutions of their choice. The Federal Government will also cover their return travel costs to ensure a smooth and orderly transition,” the statement noted.

According to the Minister, the current administration remains committed to eliminating inefficiencies and abuses within the scholarship system, stressing that past practices that sponsored overseas training for courses already well established in Nigeria placed avoidable financial burdens on the nation.

He reaffirmed that the ongoing reforms are therefore aimed at promoting transparency, accountability, and the prudent management of public resources.

The federal government reiterated its unwavering commitment to the welfare of Nigerian students and strongly rejects misinformation, blackmail, or any attempt to undermine policies designed to strengthen national capacity and safeguard the integrity of the education sector.

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Education

AltBank, BAF Strengthen Capacity of Frontline Educators

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AltBank BAF teachers

By Modupe Gbadeyanka

A significant step has been taken by the duo of Alternative Bank (AltBank) and the Busayo Ademuyiwa Foundation (BAF) to address the declining access to trained educators across Nigeria.

The two organisations recently a one-day capacity programme for teachers in the country at the 2025 BAF Teachers’ Conference in Lagos.

The event delivered hands-on training to hundreds of primary and secondary school teachers drawn from underserved communities across the country.

Nigeria’s education sector sits at a critical inflection point. With over 65 per cent of classrooms in underserved regions lacking access to trained educators or modern teaching tools, the learning crisis represents a structural failure with long-term economic consequences if not adequately addressed.

Rather than focus on policy rhetoric or aspirational targets, the conference tackled hard realities including teacher burnout, mental resilience, classroom innovation on a budget, and digital skill development.

Sessions were designed for practicality and replication, enabling attendees to take back immediately usable tools and frameworks to their schools. Specialised workshops on emotional health, low-tech teaching methodologies, and inclusive learning design underscored a broader commitment to both teacher well-being and student outcomes.

Key stakeholders in attendance included policymakers, school heads, and representatives from Nigeria’s corporate CSR sector, underscoring the convergence between social investment and educational equity.

Featured speakers included the president of the Nigerian Union of Teachers, Mr Audu Titus Amba; the General Manager of BIC Nigeria, Mr Anthony Amawe; the founder of Almanah Hope Foundation, Hope Ifeyinwa Nwakwesi; and Doyinsola Jawando-Adebomehin of Sequoia Span.

“The people who hold up Nigeria’s education system don’t need applause, they need backup,” the Executive Director for South at AltBank, Mrs Korede Demola-Adeniyi, stated.

“We see this platform as critical infrastructure. Equipping a teacher with the right tools and support is the most direct path to long-term national productivity,” she added.

“The challenge in Nigeria’s education sector is execution, not awareness. This partnership is part of a broader operational strategy to find the pressure points, inject support where it changes outcomes, and back it with measurable value. Our role is catalytic, not just financial,” Mrs Demola-Adeniyi stated further.

Business Post reports that the conference aligns with the bank’s HEART Strategy, a long-term investment thesis focused on Health, Education, Agriculture, Renewable Energy, and Technology.

Under this framework, the Bank continues to deploy capital and partnerships into scalable solutions targeting Nigeria’s most underserved sectors.

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Education

Nigerian Breweries to Empower 1,000 Lagos, Ogun, Enugu Students

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Nigerian Breweries Orange Corners Student Ambassadors Programme

By Modupe Gbadeyanka

Plans have been concluded by Nigerian Breweries to support about 1,000 Nigerian students in Lagos, Ogun, and Enugu States.

The foremost brewing company is carrying out this empowerment initiative with a leading non-profit organisation, FATE Foundation, through the Orange Corners Student Ambassadors Programme of the Netherlands.

This partnership marks a significant step in advancing youth entrepreneurship in Nigeria, equipping young people with the knowledge, skills, and opportunities needed to build sustainable businesses and contribute meaningfully to the nation’s economy.

This is because the scheme is to promote entrepreneurship and offer networking opportunities in Nigerian tertiary institutions. Ambassadors are selected from specific universities to inspire students to see entrepreneurship as a desirable career path and to foster a culture of innovation within universities.

It targets students aged 18–35 currently enrolled in tertiary institutions across Lagos, Ogun, and Enugu States.

“The partnership reinforces Nigerian Breweries’ long-standing commitment to youth empowerment and entrepreneurship development. Through initiatives like this, we are creating pathways for the next generation of entrepreneurs and business leaders in Nigeria,” the Corporate Affairs Director for Nigerian Breweries, Mr Uzodinma Odenigbo, stated.

He further highlighted the company’s track record in youth empowerment, noting that since the renewed focus on youth empowerment and entreprenuership, Nigerian Breweries has impacted 2,365 young Nigerians across 24 states and the FCT.

Also speaking on the partnership, the Executive Director of FATE Foundation, Ms Adenike Adeyemi, expressed enthusiasm about the collaboration between Nigerian Breweries and the Orange Corners Programme.

“Nigerian Breweries has been a longstanding partner with Orange Corners Nigeria in many ways. We are delighted to have the company continue to support the Orange Corners Programme and elated that this commitment will reach an additional 1000 young Nigerians leveraging the proven Orange Corners Student Ambassadors framework,” she said.

Ms Adeyemi outlined FATE Foundation’s role to include designing and delivering the training curriculum, managing student registration and participation, maintaining accurate records of all beneficiaries, and coordinating all logistical and technical aspects to ensure successful programme delivery.

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